• Spzi
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    6 months ago

    Yes, the most powerful will always have the most power. It still makes sense to set up some rules.

    Pigovian taxes can still be beneficial for society, even if the super rich evade the system. They create incentives for everyone else to move in the desired direction. This includes consumers, producers, investors, researchers. For all those people in their different positions, it will be financial advantageous to consider other options.

    But my main point was that you can raise prices without hurting the poor. By returning the tax revenue to the poor.